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Aluminium futures: Bears hold firm
Source: Hindu BusinessLine · 4 hr ago
Summary
Aluminium futures have been falling for about a month, with recent attempts to rise halted around the ₹342 level. The October contract now finds support near ₹325‑₹327, and a break below this band could push prices toward ₹315, while a bounce above could retest ₹342. The overall outlook stays bearish, and traders are advised to stay cautious.
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From the original report
Bearish aluminium futures outlook with key support at ₹325–327, potential fall to ₹315, and cautious short-sell strategy near ₹335.
Excerpt from Hindu BusinessLine.
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